Study: Metro Area Cities Slow To Recover From The Recession

Albany NY economic recovery
Albany NY economic recovery

The 100 largest metropolitan areas in the U.S. saw their rate of economic expansion slow down in the second quarter of 2012 from the first quarter, with cities in the Northeast hit hardest, according to a report on Tuesday.

Cities across the country have been struggling to regain their financial footing after the recession left them with depressed property tax revenue collections, cuts in state aid and increased demands for services.